{
  "title": "Legal Aspects of International Financial Institutions",
  "sourceUrl": "https://www.imf.org/en/capacity-development/training/icdtc/courses/laif",
  "canonical": "https://www.imf.org/en/capacity-development/training/icdtc/courses/laif",
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  "summary": "Institutions to be covered each year may vary.",
  "publishDate": "2021-09-01",
  "sections": [
    {
      "heading": "Overview",
      "content": "- Course title: Legal Aspects of International Financial Institutions (LAIF).\n- Presented by the Legal Department.\n- Covers legal, institutional, and operational features of IFIs (primarily the IMF and the World Bank).\n- Explores linkages between IFIs and their members.\n- Institutions covered may vary each year.\n- Topic: Legal and Institutional Frameworks."
    },
    {
      "heading": "Target audience and qualifications",
      "content": "- Target audience:\n  - Lawyers, senior lawyers, and other professionals from central banks, ministries of finance and of justice, and other agencies primarily in emerging market countries with responsibilities related to legal aspects of relations with international financial institutions (IFIs).\n- Qualifications:\n  - Participants are expected to have five years of relevant work experience.\n  - Preferably a law degree.\n  - Attendance is by invitation only.\n  - Prerequisites are specified in the nomination request letters."
    },
    {
      "heading": "Course objectives",
      "content": "Upon completion of the course, participants should be able to:\n- Demonstrate an in-depth knowledge of the history, purposes, governance, structure, and functions of the IMF, the World Bank, and other IFIs and their relationship with their member countries.\n- Contribute more effectively to the interactions between member countries and IFIs such as the IMF and the World Bank.\n- Identify challenges and trends that IFIs now face.\n- Draw lessons to help member countries prepare more effective and responsive policy instruments and legal frameworks, and to foster more balanced economic growth."
    }
  ],
  "bullets": [
    "Course title: Legal Aspects of International Financial Institutions (LAIF).",
    "Presented by the Legal Department.",
    "Covers legal, institutional, and operational features of IFIs (primarily the IMF and the World Bank).",
    "Explores linkages between IFIs and their members.",
    "Institutions covered may vary each year.",
    "Topic: Legal and Institutional Frameworks.",
    "Target audience:",
    "Qualifications:",
    "Demonstrate an in-depth knowledge of the history, purposes, governance, structure, and functions of the IMF, the World Bank, and other IFIs and their relationship with their member countries.",
    "Contribute more effectively to the interactions between member countries and IFIs such as the IMF and the World Bank.",
    "Identify challenges and trends that IFIs now face.",
    "Draw lessons to help member countries prepare more effective and responsive policy instruments and legal frameworks, and to foster more balanced economic growth."
  ],
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  },
  "generatedAtUtc": "2026-09-29T16:37:54.975Z"
}
